Profitable Turn-key Luncheonette

Union, New Jersey (Morris)

  • Asking Price: $119,900
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #207094
  • Established: Not Disclosed
  • Employees:

Business Description

ASSET SALE!! Modern Luncheonette off a major highway in a nice, safe town. It's a profitable turn-key business. Run semi-absentee so an owner-operator can take it to a much higher level. Luncheonette has a large variety of items & does a lot of catering to area businesses & residents. One owner has another similar business & cannot devote the time to oversee this restaurant. Two other owners are absentee. Average weekly sales is approx. $7,500 with cash flow of $1,200 +. The working owner is offering to stay on for some time to ensure a smooth transition. New qualified tenant can get a good long term lease situation like the owners have. Contact Seth Kain @ 201-317-4710 for additional details & showing.

Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
Metropolitan Area: Union
County: Morris

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $119,900
Seller Financing Available: No

Property Information


All Furniture, Fixtures, & Equipment valued @ approximately $50,000 are in very good condition & included in the sale. It's in a small strip mall with plenty of free parking available for customers. A new qualified tenant can get a lease assignment on the approximately (8) remaining years on it. Or they could seek more years if desired.

Growth & expansion opportunities:

Some additional advertising & promotion would help to boost gross sales.


There are several deli’s, a couple of diners, a couple of bagel shops within a 3 mile radius. Though, there aren't any similar type businesses within at least a couple of miles.

Reason for selling:

Owners have other business interests & none of them can devote too much time to running their business.

Support & Training:

3 weeks of training will be offered at no cost to the Buyer(s).

Contact Business Seller

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Business Listed By:

Seth Kain

Executive Business Brokers